The Trump administration has effectively killed the CHIPS Act, which was the largest U.S. initiative to avoid strategic dependence in semiconductors.

Larry Summers asserts that the overwhelming majority of costs from the new tariffs will be passed on to consumers, causing an inflation shock.

Due to erratic economic policies, the United States is now trading like an emerging market country such as Argentina under Juan Perón, where risk aversion causes the currency to weaken and bond yields...

The Biden administration's cancellation of the Keystone Pipeline and its restrictions on liquid natural gas were clear mistakes in energy policy.

Larry Summers predicts that the "Doge" government efficiency initiative's cuts to the IRS will increase the deficit more than any savings it realizes due to lost tax revenue.

Larry Summers estimates that the Trump administration's tariff policies have caused a loss of approximately $30 trillion in present value to the US economy.

Less than a quarter of people with incomes over $10 million are audited by the IRS.